News

The trustees of the Royal Mail Pension Scheme are seeking urgent talks with the government to ensure the security of promises to members.

The programme for the 10th annual Professional Pensions Show - the occupational pensions industry's biggest two-day conference and exhibition - has been published.

Simplifying rules and reducing regulation should be key components in "reinvigorating a culture of saving", Conservative pensions spokesman Nigel Waterson says.

The deficit of the Funded Clergy Pension Scheme worsened to £352m at the end of last year, the Church of England reveals.

Credit Suisse has announced a number of new hires in its transition management business, as it attempts to re-build its reputation following the departure of key members of its European team last year.

The government is considering plans to increase Local Government Pension Scheme contributions for higher earners and change solvency requirements.

Proposed updates to global investment performance standards are too prescriptive and fail to recognise attempts to converge accounting practice, the UK Investment Performance Committee warns.

US - Pacific Corporate Group Holdings (PCG) has agreed to return US$2m to the New York State Common Retirement Fund (CRF) to resolve its role in the ongoing state investigation on corruption related to the CRF.

The Pensions Advisory Service has dealt with 10% more complaints in the past 12 months, however, queries concerning occupational schemes have dropped by 2%.

Government opposition to the introduction of "middle way" pension schemes has contributed to the recent spate of scheme closures, the Association of Consulting Actuaries says.